PPP Loan information for The inn at elon llc

$571,854

The inn at elon llc was initially approved for PPP Loan of amount $571,854, the current approved amount is $571,854. The loan was approved on 02/20/2021 by The Triad Business Bank reported 87 jobs and $571,854 was used to fund payroll.

The inn at elon llc is Existing or more than 2 years old

THE INN AT ELON LLC

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE INN AT ELON LLC

Borrower Address

605 N Okelly Ave

Borrower City

Elon

Borrower State

NC

Borrower Zip

27244-9353

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

571854.22

Current Approval Amount

571854.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elon

Project County Name

ALAMANCE

Project State

NC

Project Zip

27244-9353

CD

NC-04

Jobs Reported

87

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

571851.22

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

575666.58

Forgiveness Date

10/25/2021

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